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boehner then responded, saying, "i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own." obama responded to that saying, "maybe i will." [ laughter ] which boehner replied, "maybe i will." and mr. obama replied "whatever." mr. boehner replied "whatever times infinity," to which obama replied, "damn, infinity. you win for now." >>> if only it were that simple. well, it is 12/12/12, and over a dozen superstars will be getting together for this huge sandy relief concert. this will be massive and will be broadcast to over 2 billion homes worldwide, making it the most widely distributed music event in history. the lineup just as huge -- bon jovi, kanye west, paul mccartney, bruce springsteen, many, many more. it's going to be pretty incredible. >>> so, in absolutely shocking news -- i know you'll be floored about this one, dylan -- a reality series is being sued for staging events, allegedly, in the show. ame's "storage wars" is accused of planting valuable and unusual items on the show. a former cast me
boehner then responded, saying, "i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own." obama responded to that saying, "maybe i will." [ laughter ] which boehner replied, "maybe i will." and mr. obama replied "whatever." mr. boehner replied "whatever times infinity," to which obama replied, "damn, infinity. you win for now." >>> if only it were that simple. well, it is...
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president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed spending cuts by the presi
president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he...
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speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen close to the deadline seems to be the thinking. they are telling everybody to be prepared to be here during the holidays. we are hearing that as well. there is sort of a resignation that it's going to be a long process. >> thank you, kelly. great le appreciate it. the national political reporter for the atlantic democratic strategist keith bicycle in. amy stoddard, associate editor for the hill paper. thank you all for joining us. let me start off with you. we are going to show our audience later the headlines or a couple of the headlines out there. if
speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen...
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i applaud like charlie gaerino barack obama's suess, john boehner's success, came in humble beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> se, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dagen's point we have it in us, but we haven't shown it? >> the lawmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. >> well, they're not productive, and cticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutless weasels on the one hand and not doing a good enough job on the other hand, let's cheer them on anday we honor your service, no do a better job. >> yeah i got cheered when i didn't unload the dishwasher when i was a kid instead sent to the corner and sit the
i applaud like charlie gaerino barack obama's suess, john boehner's success, came in humble beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> se, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dagen's point we have...
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the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, this is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billion in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and what you and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are
the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a...
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maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lou: joining me now is the a-time, suzanne we start with you, is this going to be a deal or are speaker boehner and president obama wasting our time? the sticking point is not the tax rates, i think that real sticking point is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dial, most recent c
maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes...
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john boehner, though, has been really pushing back. he had the news conference yesterday and this is what he said. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change the conversation from taxes to cuts. what do they want? >> well, they want entitlement reform and what we've seen is that the white house has moved a little bit. the president seems to be open to some form of entitlement reform, maybe not what john boehner wants, but they have said in the last couple of days that they will do corporate tax reform. so we are seeing some movement from the white house, but nothing yet from the house republicans. >> all right. john boehner just came to the microphone. he's just met with his caucus. let's see if he has anything new
john boehner, though, has been really pushing back. he had the news conference yesterday and this is what he said. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change...
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but the president needs john boehner more than john boehner needs the president. >> does the speaker have enough votes inside his caucus to agree to some kind of tax rate hike in the upper echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. there's a big difference between a temporary tax cut that goes out than's proactiv
but the president needs john boehner more than john boehner needs the president. >> does the speaker have enough votes inside his caucus to agree to some kind of tax rate hike in the upper echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a...
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john boehner sitting by himself. all alone. not a single member of the party willing to share his company. he didn't even have any milk to drink, because -- tell them why. >> they have taken my milk and up there it in the garbage. >> eric: bar guy.>> poor guy. >> dana: hard to be a leader. lonely at the top. i have a story about a monkey and ikea. the shoppers are at ikea and they look down and there is a monkey in a coat. he got away from his owners. so the monkey was walking around. they got fined. they only got fined $240 for having illegal pet. which you can't have a monkey, bob, i know you had one in college. not a good idea. do not try this at home. i thought that was weird. at the time, set your dvrs or tune in at 1:00 p.m. i'm on the record filling in for greta. greg, do not give a look like that, mr. self-promotion. on the record tonight. >> bob: mention the book. >> dana: talk about the monkey? >> greg: where did a monkey get a coat that size. i need to find out. it's hard for me to get -- >> dana: down the street. we
john boehner sitting by himself. all alone. not a single member of the party willing to share his company. he didn't even have any milk to drink, because -- tell them why. >> they have taken my milk and up there it in the garbage. >> eric: bar guy.>> poor guy. >> dana: hard to be a leader. lonely at the top. i have a story about a monkey and ikea. the shoppers are at ikea and they look down and there is a monkey in a coat. he got away from his owners. so the monkey was...
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finally, the shot caller is boehner. the way he should get barack because he loves to smoke cigarettes a you know michele with thosepythons will choke him. golf with me. put your ssice. sigrid's service agent. he has that chesterfield no filters, and we will negoiate this will sme and a few paxson and a comeback. that's how they are negotiated. lou: and as he said, we will come back andontinue this negotiation in just moments. stay with us. stay with us. ♪ [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pincastle thing. and y realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register yo purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. can i still ship a gift in time r christmas? yeah, sure you can. great.
finally, the shot caller is boehner. the way he should get barack because he loves to smoke cigarettes a you know michele with thosepythons will choke him. golf with me. put your ssice. sigrid's service agent. he has that chesterfield no filters, and we will negoiate this will sme and a few paxson and a comeback. that's how they are negotiated. lou: and as he said, we will come back andontinue this negotiation in just moments. stay with us. stay with us. ♪ [ malennouncer ] it's tt time of...
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>> hashtags with names like fire boehner have become popular. still, where the votes get counting, boehner seems to have more room to maneuver than he did in preelection faceoffs. but it begs the question, even if the republican speaker gets a deal, can he get it passed? joining me now is tom cole of oklahoma, martha blackburn of tennessee, thank you both for joining us, and i think that's really the key question that we keep hearing. they'll get a deal -- they'll get something. but it doesn't matter if the two of them get a deal, it matters if the speaker has the house votes for it. tell me about the feeling in the caucus now for how free of a hand the speaker has. >> i think people are looking at how do we solve the system-wide problems. if you're going to talk revenues, you have to talk cuts, reform of your trust funds, medicare and social security -- >> you have 20 something days to do that. >> these are things that we have been talking about for years. the fiscal cliff is a name that the media came up with, but some of us have been saying f
>> hashtags with names like fire boehner have become popular. still, where the votes get counting, boehner seems to have more room to maneuver than he did in preelection faceoffs. but it begs the question, even if the republican speaker gets a deal, can he get it passed? joining me now is tom cole of oklahoma, martha blackburn of tennessee, thank you both for joining us, and i think that's really the key question that we keep hearing. they'll get a deal -- they'll get something. but it...
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it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >
it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was...
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president obama and speaker boehner met privately yesterday. nbc news first read team makes this point. if the plan is to get something passed by friday, december 21, right before the christmas holiday, then the legislation has to be written by december 18th and that means that obama and boehner must reach a deal by december 14th, 15th if there is going to be a deal. so the time for posturing and pr is over. a new political poll shows that likely voters support the president's tax increase on the upper brackets. 60% favor raising taxes on households that earn more than $250,000. 64% favor raising taxes on large corporations. 33 oppose. the poll asked likely voters, do you believe that if we raise taxes on households that earn over $250,000 per year, it will have a negative impact on the economy. 38% said yes. 58% got it right and said no. today president obama outlined the deficit reduction legislation he would sign into law. >> what you need is a package that keeps taxes where they are for middle class families, we make some stuff spending cut
president obama and speaker boehner met privately yesterday. nbc news first read team makes this point. if the plan is to get something passed by friday, december 21, right before the christmas holiday, then the legislation has to be written by december 18th and that means that obama and boehner must reach a deal by december 14th, 15th if there is going to be a deal. so the time for posturing and pr is over. a new political poll shows that likely voters support the president's tax increase on...
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they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or to placate his tea party people saying the real answer is in more cuts and the president has to be clear about the cuts, which as you said, and pointed out, that we have been very explicit about that. i think it's going to be very hard for us at the end of the day and the end of the day is december 31, to come up with a final deal. and i think it only gets worse for the republicans. look, they w
they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal...
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he met with speaker boehner yesterday. that's the first face to face in nearly a month and their one on one first one since july 2011. now, the other strategy as michigan congressman clark explains is going to the people. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's syndicated in cities and states. what do you make of the president picking up where he left off so often going straight to the folks at snoem. >> he is really mained a full court press that began in the campaign season and never ended after election day and i think that two-prong attack you reference is good politics and seems to be working in l
he met with speaker boehner yesterday. that's the first face to face in nearly a month and their one on one first one since july 2011. now, the other strategy as michigan congressman clark explains is going to the people. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let...
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rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones out. tonight's question. will republicans punish e speaker boehner for trying to work with the president? text a for yes, b to no to 622639. we'll bring the results later on in the show. joining me tonight is congressman emanuel cleaver from missouri. great to have you with us. >> good to be with you. >> i'd like to talk about the congressional black caucus if i could. they have been very, very strong about do not touch the entitlements, we're not going to move on this. so you have the president not moving on rates. you h
rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones...
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december 11th, including new indications that talks may be picking up between president obama and john boehner about the fiscal cliff. >>> also massive protests planned today in egypt and follow-up on the clashes between activists and the military as they call for a million man march. >>> but first let's get to the news here live at 30 rock in new york city. >>> this morning thousands of people are expected to converge on the michigan state capital in lansing as apartment of a troeshlg union battle that's about to unfold. at issue, the so called "right to work." legislation is being pushed through the republican lawmakers that could come to a final vote as early as today. the law would might illegal to require an employee to pay union dues as a condition of their employment. opponents say the legislation threatens to weaken the influence of labor unions in a state that is home to the auto industry and has a long history of organized labor. during a visit to detroit yesterday where he intendeded to focus on the fiscal clivgs president obama waded head first into the union battle. >> what we sho
december 11th, including new indications that talks may be picking up between president obama and john boehner about the fiscal cliff. >>> also massive protests planned today in egypt and follow-up on the clashes between activists and the military as they call for a million man march. >>> but first let's get to the news here live at 30 rock in new york city. >>> this morning thousands of people are expected to converge on the michigan state capital in lansing as...
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>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting that at least partial offers have been exchanged between the two sides over the past two days. so, clearly, what we know here is that paper is changing hands and the deal making is actually happening right now. what we don't know is what the content of that deal is. and speaker's office telling me right now that they're not going to be able to provide any detail on what was in that counter offer, so, behind the scenes, the mystery continues here. >> so, again, we're not necessarily zeroing in on exactly where that revenue comes from, we don't know if it
>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting...
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here's what speaker boehner said last hour. >> his promise to bring a balanced approach to solving this problem is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. our plan meets these standards, it cuts spending and paves the way of real job growth in our country. in the five weeks since we signalled our willingness to forge an agreement with the president, he's never put forth a plan that meets these standards. and frankly, that's why we don't have an agreement today. the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are lacplaced in jeopardy. >> well, they talk and we all listen and then we decide who we appreciate more. it's in the form of a poll who is handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker boehner's efforts. those aren't the numbers you want to see if you're the speaker right now. our s
here's what speaker boehner said last hour. >> his promise to bring a balanced approach to solving this problem is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. our plan meets these standards, it cuts spending and paves the way of real job growth in our country. in the five weeks since we signalled our willingness to forge an agreement with the president, he's never put forth a plan that meets these standards. and frankly, that's...
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president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back in the fiscal cliff discussion. david cay johnston says it would be -- to do it, and he is here tonight. >> what we shouldn't be doing is try to take away your rights to bargain for better working conditions. >> in michigan, the president stands up for workers like he has never done before. >> these so-called right the work laws, they don't have to do with economics. they have everything to do with politics. >> tonight the president's big speech, and why the fight in michigan is an assault on workers everywhere. >>> plus, major news on a white house push for immigration reform. in 40
president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back...
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senator demint starts about firing speaker boehner on rush limbaugh show. where is this war going? >> well, you do see a real split on the republican side right now between the establishment figures. let's be clear, the power still sits with the tea party more than with the establishment. you've seen this in the picking of the next gubernatorial candidate. and so it's a small number of people who are trying to move away from that ideology and you also see the institutional shift. something like the heritage foundation that used to be a real generator of ideas, taking one of the flat earthers out of the senate to try to come in and be the face of that is not moving in a direction. this is a senator who stood with todd akin after and put his name out there and that's largely been pushed down by the base of the party and of the movement. >> now, joe, when you see senator demint tweeting statements that really ripped speaker boehner's debt talks, he tweeted this, speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more
senator demint starts about firing speaker boehner on rush limbaugh show. where is this war going? >> well, you do see a real split on the republican side right now between the establishment figures. let's be clear, the power still sits with the tea party more than with the establishment. you've seen this in the picking of the next gubernatorial candidate. and so it's a small number of people who are trying to move away from that ideology and you also see the institutional shift....
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>>> president and speaker boehner agreed that loose lips sink ships until today. it is tuesday, december 11th, and this is "now." >>> joining us today political analyst and washington bureau chief for more jones david korn and communications director and an msnbc political analyst karen finish where i politico executive editor jim van dehigh, and chief national correspondent for the morning times magazine mark rubavich. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. america is not going to compete based on low
>>> president and speaker boehner agreed that loose lips sink ships until today. it is tuesday, december 11th, and this is "now." >>> joining us today political analyst and washington bureau chief for more jones david korn and communications director and an msnbc political analyst karen finish where i politico executive editor jim van dehigh, and chief national correspondent for the morning times magazine mark rubavich. >>> over at the white house president...
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we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it has been slow going in these negotiations. cheryl: rich edson. dennis: the dow losing 112, they're starting to catch wind that john boehner will say something depressing instead of hopeful. clearly betting on good news. cheryl: rich edson obviously standing by, thank you, we will take those live comments from john boehner when you guys appear on the house floor. dennis: i will go with this. even if we do avoid the fiscal cliff our next guest says a european blow up and apple topping out could be bigger holders for the market in 2013. there is g
we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it...
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come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the president and i met on sunday it was a nice meeting, it was cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make, where are the presidents spending cuts? >> stephen: now critics say the speaker is just asking democrats to put specifics in into the republican proposal but i say that's kind of fun. it makes the budget into a giant mad-lib. for instance, we agree to cut ten be zillion from the program that gives ukuleles to the sticky poor. toilet boom! (cheers and applause) we will have more on this story -- if i have to. (laughter) nation, there's a danger lurking around every corner. that's why i say we must start making all of our buildings round. (laughter) this is the threat down. (cheers and applause) first up, folks, i always keep watch on our international enemies, especially north korea. and their dear leader kim jong-un. in my book he is public enemy number un. (laughter)
come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the president and i met on sunday it was a nice meeting, it was cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make, where are the presidents spending cuts? >> stephen: now critics say the speaker is just asking democrats to put specifics in into the republican proposal but i say that's kind of fun. it makes the budget into a giant...
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now, what needs to happen to persuade speaker boehner? i mean, do we need to raise lazarus from the dead? >> i don't know what we have to do. the public has clearly spoken. this election showed that people in regard to making less than $250,000 the tax cuts should be extended. we agree on that. we need to let that happen as soon as possible. but they have also said that those who have benefitted and are doing very well in our society should pay more. and so i don't know why they can't get this through their heads, martin. but they need to get it. because the public has spoken and the public has been very clear on that. >> and today former speaker nancy pelosi schooled speaker boehner on what it means to make difficult decisions as a leader. take a listen to this. >> i had to do it as speaker. do you know what it was like for me to bring a bill to floor to fund the war in iraq? so it's tough. but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> there's nancy pe
now, what needs to happen to persuade speaker boehner? i mean, do we need to raise lazarus from the dead? >> i don't know what we have to do. the public has clearly spoken. this election showed that people in regard to making less than $250,000 the tax cuts should be extended. we agree on that. we need to let that happen as soon as possible. but they have also said that those who have benefitted and are doing very well in our society should pay more. and so i don't know why they can't get...
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. >> as the fiscal cliff deadline approaches president obama and house speaker john boehner may be working on a deal privately. the associated press says the two have been talking secretly by telephone. among the proposals the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. publicly neither side is giving away anything right now. >> we're still waiting for the white house to identify what spending cuts the president willing to make as part of the balanced approach that he promised the american people. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> and right now there is no indication the president is willing to compromise on his insistence that tax rates for the highest earners must go up. >> protests over michigan's right to work legislation carried into the night. earlier demonstrators were outside and inside the capitol as michigan's house passed the bill the senate approved earlier. protesters demand the governor veto the bill. >> i appreciate they have
. >> as the fiscal cliff deadline approaches president obama and house speaker john boehner may be working on a deal privately. the associated press says the two have been talking secretly by telephone. among the proposals the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. publicly neither side is giving away anything right now. >> we're still waiting for the white house to identify what spending cuts the president...
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with speaker boehner. that reflects his strength. boehner will condition to stand strong as long as he has their support. >> whatever deal he cuts, he will have 80 or 90. >> at the end of the day, yeah. if he agrees to it. that's the thing. you can imagine there will be a lot of pull from a lot of different sides on this within the condition conference. some of these guys are behind him on a lot of things and the conserfative pieces of the coalition there were not going along. there is a long way to go. >> i want to get your takes on this. michigan is losing the fight and the democrats think they will win the political war. is that all they got? you look at the history of the right to work, you never seem to be able to stop. >> it does have challenges. we are calling it right to work is a victory on the right. the michigan polls show this is a winner for people who with unions. the governors ratings are very mediocre. majority say that after they hear both sides, they are against right to work and 80% say
with speaker boehner. that reflects his strength. boehner will condition to stand strong as long as he has their support. >> whatever deal he cuts, he will have 80 or 90. >> at the end of the day, yeah. if he agrees to it. that's the thing. you can imagine there will be a lot of pull from a lot of different sides on this within the condition conference. some of these guys are behind him on a lot of things and the conserfative pieces of the coalition there were not going along. there...
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well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on taxes. later this afternoon, he'll head to michigan to talk to auto workers outside a plant in detroit. >>> if you listen to the sunday shows, seems like some republicans are willing to give in on taxes to get where they want to go. entitlements. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house. that's it. the presidency and the senate is in the democrats' hands. a lot of people are putting forth a theory. i actually think it has merit. where you go ahead and give the president the 2% increase that he's talking about. the rate increase on the top 2%. and all of a sudden the shift goes back to entitlements. >> let me bring in "washington post" columnist danny milbank and "usa tod
well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on taxes. later this afternoon, he'll head to michigan to talk to auto workers outside a plant in detroit. >>> if you listen to the sunday shows, seems like some republicans are willing to give in on taxes to get where they want...
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boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out still dressed. >> with their trousers? >> yes. >> that is it for a clothed panel. student for some things that make interviews more interesting than others on capitol hill. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is goin
boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out...
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and that requires some level of compromise with john boehner, with republicans. it's going to be an interesting first 100 days. because he's going to be dealing with both those issues having a pretty strong hand, but desperately needing republican help. >> jim vandehei, always good to have you on the program. >> thanks, chris. >>> today's tweet of the day might be an indication that people are starting to tune out all of the fiscal cliff rangling. lisa barton writes from now on whenever i hear or read the words "fiscal cliff" or any related bad metaphors, parts of my brain will shut down. #catatonic. plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your
and that requires some level of compromise with john boehner, with republicans. it's going to be an interesting first 100 days. because he's going to be dealing with both those issues having a pretty strong hand, but desperately needing republican help. >> jim vandehei, always good to have you on the program. >> thanks, chris. >>> today's tweet of the day might be an indication that people are starting to tune out all of the fiscal cliff rangling. lisa barton writes from...
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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bill: john boehner, direct, to the point. you need a plan that can pass both the house and the senate. that's where we are right now on the fiscal cliff. december 5th is it? there it is on the calendar. quick break more of what eric cantor said just moments ago. martha: during his 42 years in congress brooks is best known for voting to significantly cut government spending and to pass several historic laws including the civil rights act of 1964. what a life. jack brooks, dead at 89. bill: 25 minutes past the hour. there could soon be a major shortage of primary care doctors. the journal of the medical american association says 22% of internal medicine residents are planning to become internal medicine doctors. what does this mean to you? marc siegl joins us now with the latest on this. doctor, nice to see you. >> good to see you. bill: what does it mean. >> i want to explain to our views out there exactly what an internal medicine doctor is. we always talk about primary care. primary care is a pediatrician, obstetrician, gyne
bill: john boehner, direct, to the point. you need a plan that can pass both the house and the senate. that's where we are right now on the fiscal cliff. december 5th is it? there it is on the calendar. quick break more of what eric cantor said just moments ago. martha: during his 42 years in congress brooks is best known for voting to significantly cut government spending and to pass several historic laws including the civil rights act of 1964. what a life. jack brooks, dead at 89. bill: 25...
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i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to come to a deal with somebody on the other side. bill: that's a fair point. what about that if true. >> let's look at president's record quickly. he's had four years of trillion dollar deficits. he hasn't even had a budget in place. >> not true. >> this president has not done anything to get our fiscal house in order. >> that is not true. that is just not true. >> it is true. >> he's offered to cut -- >> let's be clear by his cuts. his cuts are for five and ten years from now. we can't even make cuts that he said would happen in a year. on sequester he said it wasn
i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to...
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we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors would have to pay in to a medicare and what age that would happen. while the republicans refuse to touch one hair on the head of a the wealthiest people in our country. >> when it comes to taxes the top senate republicans said it was time for his party to give in and move on. >> what the president is trying to the achieve on the top two tax rates, you know, he can get by doing nothing. the law is certainly stacked in his favor. >> sharing the view a tack increase is all but inevitable. >> senator coburn is joining us now. you have said the tax rates are going up on the wealthiest 2% of a americans. it sounds li
we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors...
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and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they want either way. this is trufrustrating republic. when i talk to republicans privately, they say this is hugest from trags. the speaker has put $800 billion on the table and said he would go higher than if the president would come along with spending cuts. >> how high are you hearing? >> it's unclear. i think he's just signaling a willingness which many republicans tell me will also end up being a move on the tax rates. but he can't go there with his caucus, unless he has the spending cuts that he can sell $800 billion in revenue, and we're going to get you $800 billion in spending cuts. democrats don't
and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they...
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boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting a serious deal done before the holidays. if you talk about all of the intricate things that wonks on both sides maybe could agree, i'm not sure i would agree to any of them, they're so complicated. senator durbin made this point. maybe you force changes on medicare or social security, i hope not but if you do, you can't do that in ten days or five business days or whatever it is. these things take a lot of time and so for the president to -- for democrats to agree to sort of kick the can, extend the tax cuts for another period of time is c
boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting...
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boehner will be glad to see the end of mr. demint. >> i'm sure he will. i think it represents the weakens of the tea party within congress. jim demint is a movement conservative. we have certainly not seen nor heard the last of him. he will find other ways to create headaches for both boehner and mcconnell, but i agree with david. most importantly, it may be a slight relief from the headache for john boehner, but he's still got a big challenge in that he is negotiating at this point with himself and not facing the reality that he doesn't really have a lot of leverage. >> indeed. jared, speaking of the details themselves, speaker boehner is saying that his is a serious offer that produces sufficient revenue and savings for the next decade. you're an economist, does it? do his numbers really add up? >> well, no, they don't add up because they lack any level of specificity that you would need to even write them down and put a plus sign next to them so see if they'd add up. he did the same -- >> hang on a second though. he said he stuck $800 billion in revenu
boehner will be glad to see the end of mr. demint. >> i'm sure he will. i think it represents the weakens of the tea party within congress. jim demint is a movement conservative. we have certainly not seen nor heard the last of him. he will find other ways to create headaches for both boehner and mcconnell, but i agree with david. most importantly, it may be a slight relief from the headache for john boehner, but he's still got a big challenge in that he is negotiating at this point with...
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>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and pope benedict xvi blessed his followers in his first tweet today. he now has one million followers on this twitter page alone and many more account in several other languages. some saying that he's the coolest pope in history. >> isha, thank you. >>> a former u.s. marine served iraq and afghanistan and now his parents fear that he may die in a mexican prison. they are pleading for his safe return after what was a surfing trip. johnny hammar's story just ahead. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right
>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016....
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boehner is maybe 8 one billion. boehner was at 600 billion. but a major sticking point is not a number at all. a major sticking point is the debt ceiling you. might remember the debt ceiling, the dumb, anachronistic thing we have in which congress has to vote for the stuff that it has already bought. and if the vote doesn't go through, then america's economy goes boom. yeah. that one. that has become a huge problem in these negotiations. and for two reasons. first, a lot of republicans outside the negotiations on the hill, they have convinced themselves the debt court of appealing is their secret weapon. the way they see the negotiations going is this. mr. obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right? so that is republican leverage, as they see it. unlike them, obama is not willi
boehner is maybe 8 one billion. boehner was at 600 billion. but a major sticking point is not a number at all. a major sticking point is the debt ceiling you. might remember the debt ceiling, the dumb, anachronistic thing we have in which congress has to vote for the stuff that it has already bought. and if the vote doesn't go through, then america's economy goes boom. yeah. that one. that has become a huge problem in these negotiations. and for two reasons. first, a lot of republicans outside...
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jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the
jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is...
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we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move that money finally into cheaper, more tax efficient and better profits etf has to offer. >> trader talk column, trader talk cnbc.com in a few moments. that's what's hot, etfs. back to you. >> we look forward to that very much. thanks, guys. gold market selling off a little bit. at the close, sharon epperson tracking the action at the nymex. moving into stocks and out of the metals. >> they are. we're seeing a little bit of weakness in the gold futures price. gold etfs held up steadily over the last several weebs as well as record levels, in fact. in term of the flat pr
we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move...
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Dec 12, 2012
12/12
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boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program, operation twist, is set to expire at the end of the month. cnbc will begin at 12:00 p.m. eastern. >>> joining us is stewart richardson, partner at rpmg. the press conference -- we'll hear a fresh round of stimulus from the fed. how significant would that be? >> in my mind it's not that significant. i think as optics, people think this is another addition to the stimulus. the fact is that the fed for months and months and months when they go out to purchase longer term treasuries, they're trying to reduce the supply of those in the market and effectively swap sh
boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program,...
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Dec 10, 2012
12/12
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john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why, john? >> they had taken my milk and thrown it in the garbage. >> they took it and threw it in the garbage. i was so heart broken to hear this i said, look, how about this, john? if you agree to a 1% rate on the top 2 americans, just 2 people, i will dissolve social security. dissolve it. so we took it to the republicans and congress and what do they do? >> invited me to a pizza party. >> and when they got there -- when you got there, sir? >> it was a burned out warehouse. >> did you go inside? >> yes. >> and was there any pizza? >> no. >> and then what happened? >> they jumped out and pelted me with eggs. >> fresh eggs? >> rotten eggs. >> bill, i'll tell you, i feel like john boehner. mike has invited me to dinner many, many times. i show up and he's not there. all right. let's turn to reality news now. mtv has been looking for replacements of the "jersey
john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why, john? >> they had taken my milk and thrown it in the garbage. >> they took it and threw it in the garbage. i was so heart broken to hear this i said, look, how about this, john? if you agree to a 1% rate on the top 2 americans, just 2 people, i will dissolve social security. dissolve it. so we took it to the...